4 ms·
Yup, like any other market, sell what people are buying
by _3u10 5y ago
Yup, like any other market, sell what people are buying
- jt2190 5y agoSo true! But is this just another example of “the market can stay irrational longer than you can stay solvent”, meaning, is there a severe mis-allocation of capital into building large, expensive, inefficient software engineering organizations? If so, why is the market not “correcting” for this?
- aidenn0 5y agoRecruiters aren't incentivized to hire the best people. They are incentivized to not be blamed when they hire poor people. Following "best practicies" (i.e. trends) for hiring lets them do this.
- arrozconcosas 5y agoThe point of Moneyball is that the market did not correct for it for so long, it takes a catalyst and might happen significantly later than when the first people recognize the issue.